Cost of Living in Four Corners, MT

With a cost of living index of 122, Four Corners, MT is a notably expensive place to live. Living here is 22% more expensive than the national average and 33% above the Montana state average of 89. Four Corners is a smaller community of 5,562 residents, where everyday costs can differ substantially from nearby larger cities.

Housing costs are the biggest factor in Four Corners's cost of living. The median monthly rent is $1,192 (10% below the US median of $1,319), and the median home value sits at $620,200 (103% above the national median of $304,900). At current prices, the median home costs roughly 5.6x the median household income — a stretch for many buyers, though not uncommon in today's market.

The median household income in Four Corners is $111,474, which is 48% higher than the national median of $75,149. Residents spend roughly 13% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. While incomes are above average, they more than offset the higher cost of living.

Climate is another factor for anyone considering a move to Four Corners. The area sees an average annual temperature of 43°F, with summers averaging 64°F and winters around 22°F. Annual rainfall totals 13.4 inches spread over roughly 107 days. Cold winters mean higher heating bills, an important cost-of-living consideration.

Everyday prices in the Bozeman, MT (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 6 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.